GCA Altium advises DSwiss on a partnership with Verium
Founded in 2008 and headquartered in Zurich, Switzerland, DSwiss offers digital safes, mailboxes for bank document delivery as well as secure, reliable and fully GDPR compliant exchange platforms for financial institutions and their customers. DSwiss meets the highest security standards for cloud solutions and has grown rapidly over the past years. In addition to its tailor-made and mostly white-label business solutions, DSwiss has also developed the online data storage system SecureSafe for private clients with more than one million users benefiting from highly secure storage of files and passwords.
The cooperation with Verium allows DSwiss to bring in an experienced partner and additional capital to accelerate the company’s international growth and value creation strategy. The founders and the management team remain substantially invested and will continue to grow the business on an independent and long-term sustainable basis. The market for DSwiss’ services is due to grow significantly based upon increasing demand for digital banking, Software as a Service (SaaS) solutions and the overall development of the digital ecosystem of the financial services industry. DSwiss and Verium therefore see a positive momentum for further international growth.
“As we accelerate the growth of the company we are delighted to partner with Verium, which shares our entrepreneurial philosophy and cultural values,” said Tobias Christen, founder and CEO of DSwiss. “DSwiss will continue to differentiate itself through highest security standards, reliability, Swissness and an innovative product offering.”
Stephanie Buschle, Investment Director at Verium, added: “With its leading technology and renowned customer base, we believe that DSwiss is uniquely qualified to take advantage of the ever-growing demand for cutting edge software, customer centricity and enhanced data security requirements in the financial industry. We look forward to joining forces with the DSwiss team as the company enters a new and exciting stage in its international growth path.”